Tesla's Model E, which will sell for about $40,000, would be almost half the price of its Model S sedan that starts at $71,070. Tesla confirmed it plans to unveil the car at the 2015 North American International Auto Show in Detroit, reports the Los Angeles Times.

In late 2014, Tesla plans to sell its long-awaited Model X Sport-utility. The Model X will be comparibly priced to the Model S. Tesla is producing about 21,000 Model S sedans this year.

Legislation

Electric Vehicles

Ford is expanding its capacity to produce more Expedition large SUVs, a next generation of battery-electric vehicles, and its autonomous vehicles in 2021 as part of a significant realignment of resources, the company has announced.

The Lion Electric Co. showed off its first all-electric Class 8 urban truck at the American Trucking Associations' Technology & Maintenance Council annual meeting in Atlanta March 19, saying it will be commercialized this fall.

Designed to quickly, safely, and affordably get the goods where they need to go, the Deliverator will target 100 city miles of range, 75-mph top speed, 350-pound carrying capacity, and over 20 cubic feet of cargo space.

Europcar Mobility Group U.K. is adding 100 Citroën Berlingo Electric vans into its fleet due to increasing interest in zero-emission vehicles for last mile deliveries and van fleets in areas of the United Kingdom.

Lion Electric has named Dana as a preferred supplier of both traditional and new electric drivetrain components for its all-electric, Class 8 urban delivery vehicle, Dana announced at TMC, along with a new medium-duty drive axle.

Volkswagen Group boosted development of electrified vehicles, announcing that the company will develop 70 battery-electric models by 2025. Previously, Volkswagen had said it would produce 50 battery-electric vehicles by 2023.